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Best Buy Names McCollam CFO

Best Buy, the $50.7 billion Richfield, Minn.-based electronics retailer, appointed Sharon McCollam, CFO and chief administrative officer. She succeeds James Muehlbauer, who resigned. McCollam, 50, pictured at right, retired from Williams-Sonoma earlier this year as CFO, COO and executive vice president. She also served as a director from 2010 to 2012. Previously, she was CFO at Dole Fresh Vegetables, a unit of Dole Foods, from 1996 to 2000.

Sun Bancorp, a bank holding company with $3.2 billion in assets, named Thomas Brugger CFO and executive vice president of its Vineland, N.J.-based subsidiary, Sun National Bank. He succeeds Robert Crowl, who left to become CFO of PHH in April. Brugger, 45, previously was CFO and executive vice president at Customers Bancorp and its subsidiary Customers Bank. Earlier he was corporate treasurer, chief investment officer and portfolio manager at Sovereign Bank.

Leap Wireless, a $3 billion wireless service provider, named Perley McBride CFO and executive vice president. He succeeds Jerry Elliot, who was promoted to president and COO of the San Diego, Calif.-based company. McBride, 46, recently served as executive vice president of finance at The Weather Company. Previously he was corporate vice president of financial planning and analysis at Frontier Communications and worked in accounting and finance at Sprint PCS and Citizens Communications.

Zynga, the $1.1 billion games provider, promoted its chief accounting officer, Mark Vranesh, to CFO. He replaces Dave Wehner, who is leaving for a senior finance position at Facebook. Vranesh, 45, joined the San Francisco-based company as CFO in 2008 and became chief accounting officer in 2010. Previously, he was vice president of finance and administration and corporate controller at Fortinet and worked in finance at Support.com.

W.P. Carey, a $336 million provider of finance and investment management for companies, named Catherine Rice CFO and managing director, effective in 2013. She will succeed Mark DeCesaris, who is resigning. Rice most recently was managing principal at Parmenter Realty Partners. She served as CFO at iStar Financial from 2002 to 2009. Earlier, she worked in real estate investment at Banc of America Securities, Lehman Brothers and Merrill Lynch.

Sparton Corp., a $223 million provider of electromechanical devices, appointed Mark Schlei CFO. He replaces Greg Slome, who is leaving the Schaumburg, Ill., company to pursue other interests. Schlei, 49, pictured at left, most recently was CFO at Paperworks Industries. Previously he served as CFO at Thetford Corp. and Lake City Industries and corporate controller at Littelfuse Inc. and worked in finance at Newell Co.

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